About ANS Commerce
ANS Commerce is a company based in Gurugram (India) founded in 2017 by Vibhor Sahare, Sushant Puri, Nakul Singh, and Amit Monga was acquired by Flipkart in April 2022.. ANS Commerce has raised $2.52 million across 5 funding rounds from investors including Flipkart, Netcore Cloud and Venture Catalysts. The company has 271 employees as of April 08, 2024. ANS Commerce has completed 1 acquisition, including Asterro. ANS Commerce offers products and services including Kartify, Kartapult, and Flipshop. ANS Commerce operates in a competitive market with competitors including Cart.com, AnyMind Group, BigCommerce, Bazaarvoice and CommerceIQ, among others.
- Headquarter Gurugram, India
- Employees 271 as on 08 Apr, 2024
- Founders Vibhor Sahare, Sushant Puri, Nakul Singh, Amit Monga
- Stage Minicorn
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ans Digital Private Limited
- Date of Incorporation 10 Apr, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$4.8 M (USD)66.28as on Mar 31, 2023
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Net Profit
$-6.99 M (USD)-274.37as on Mar 31, 2023
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EBITDA
$-6.92 M (USD)-470.15as on Mar 31, 2023
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Total Equity Funding
$2.52 M (USD)
in 5 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Aug 28, 2021
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Investors
Flipkart
& 41 more
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Employee Count
271
as on Apr 08, 2024
- Investments & Acquisitions
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Acquired by
Flipkart
(Apr 19, 2022)
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Products & Services of ANS Commerce
ANS Commerce offers a comprehensive portfolio of products and services, including Kartify, Kartapult, and Flipshop. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fully customizable platform for brand stores and integrations.
Automated tool for performance marketing on various channels.
Quick tool to create free e-commerce websites in seconds.
Unlock access to complete
Funding Insights of ANS Commerce
ANS Commerce has successfully raised a total of $2.52M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $2.2M
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First Round
First Round
(23 May 2017)
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - ANS Commerce | Valuation | Gokul Rajaram | |
| Jan, 2021 | Amount | Grant - ANS Commerce | Valuation |
investors |
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| May, 2019 | Amount | Seed - ANS Commerce | Valuation | Shruti Agarwal , Netcore |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ANS Commerce
ANS Commerce has secured backing from 42 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Flipkart, Netcore Cloud and Venture Catalysts. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Startup accelerator
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ANS Commerce
ANS Commerce has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Asterro. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Application development services are provided from Delhi, India.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - ANS Commerce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ans Commerce Comparisons
Competitors of ANS Commerce
ANS Commerce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cart.com, AnyMind Group, BigCommerce, Bazaarvoice and CommerceIQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ans Commerce
Frequently Asked Questions about ANS Commerce
When was ANS Commerce founded?
ANS Commerce was founded in 2017.
Where is ANS Commerce located?
ANS Commerce is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of ANS Commerce?
Vibhor Sahare is the current CEO of ANS Commerce. They have also founded this company.
Is ANS Commerce a funded company?
ANS Commerce is a funded company, having raised a total of $2.52M across 5 funding rounds to date. The company's 1st funding round was a Seed of $302.55K, raised on May 23, 2017.
How many employees does ANS Commerce have?
As of Apr 08, 2024, the latest employee count at ANS Commerce is 271.
What is the annual revenue of ANS Commerce?
Annual revenue of ANS Commerce is $4.8M as on Mar 31, 2023.
What does ANS Commerce do?
ANS Commerce was founded in 2017 in Gurugram, India, within the e-commerce sector. Solutions are offered to online businesses for managing presence across multiple marketplaces and streamlining operations. Services encompass storefront design, marketplace management, performance marketing, warehouse fulfillment, custom data dashboards, and third-party integrations. End-to-end logistics are handled, including multi-category storage, inventory optimization, order processing, and returns management.
Who are the top competitors of ANS Commerce?
ANS Commerce's top competitors include CommerceIQ, Bazaarvoice and ShopUp.
What products or services does ANS Commerce offer?
ANS Commerce offers Kartify, Kartapult, and Flipshop.
How many acquisitions has ANS Commerce made?
ANS Commerce has made 1 acquisition, including Asterro.
Who are ANS Commerce's investors?
ANS Commerce has 42 investors. Key investors include Flipkart, Netcore Cloud, Venture Catalysts, Z Nation Lab, and 100Unicorns.
What is ANS Commerce's valuation?
The valuation of ANS Commerce is $22.48M as of Aug 2021.
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